Merchant Statistics - Merchant Stronghold

How Can I Get A Cannabis Merchant Account

December 27, 2022 / by Merchant Stronghold / High Risk Business, High Risk Business Merchant, High Risk Merchants, Merchant Account, Merchant Account Requirement, Merchant Account Tips, Merchant Agreement, Merchant Services, Merchant Statistics, Merchant Stronghold, Merchant types, Payment Gateway, Payment Gateway Integration, Payment processors / 0 comments

When applying for a cannabis merchant account, there are many factors to take into consideration. One, every state has its own laws and regulations regarding the sale and distribution of cannabis products. Banks and financial institutions are concerned about the legalities and brand associations. There can be problems even for medications such as pharmaceuticals. Online […]

10 Things You Should Know Before You Open Merchant Bank Account

August 30, 2018 / by Merchant Stronghold / High Risk Business, High Risk Business Merchant, Merchant Account, Merchant Account Requirement, Merchant Account Tips, Merchant Services, Merchant Statistics, Merchant Stronghold, Online Payment Services, Online Processing, Payment Gateway / 0 comments

Open Merchant Bank Account – You thought about growing your business and want to start using the card transaction for your products? The first thing that you need is to Open Merchant Bank Account. And, if you are just starting with the payment processors and card transactions then the procedures can be tricky sometimes. For […]

What are the Common Merchant Account Complaints and How to Deal with them?

August 28, 2018 / by Merchant Stronghold / High Risk Business, High Risk Business Merchant, Merchant Account, Merchant Account Requirement, Merchant Account Tips, Merchant Agreement, Merchant Services, Merchant Statistics, Merchant Stronghold, Online Payment Services, Online Processing / 0 comments

While running a business and at the same time managing it, there could be a chance of getting customer issues. The same thing happens while processing the payments. There are many issues reported every year that has particularly mentioned payment related errors. These issues occur due to the merchant’s ignorance and other times due to […]

What are the Methods to Avoid Merchant Account Hold or Freeze?

August 14, 2018 / by Merchant Stronghold / Chargebacks, Chargebacks Fraud, High Risk Business, High Risk Business Merchant, Merchant Account, Merchant Account Requirement, Merchant Account Tips, Merchant Agreement, Merchant Services, Merchant Statistics, online business, Online Payment Services, Online Processing, Payment Gateway Integration / 0 comments

Avoid Merchant Account Hold or Freeze – The Account that a Merchant holds to make transactions is called Merchant Account. When the bank suspects anything suspicious they have the authority to freeze the merchant account without prior notice. And the Merchant never understands the reason behind the sudden freeze. For a merchant, this can be […]

WHAT’S REQUIRED TO BOARD A HIGH RISK BUSINESS MERCHANT

August 10, 2016 / by Merchant Stronghold / High Risk Business, High Risk Business Merchant, High Risk Merchants, LLC Businesses, Merchant Account, Merchant Account Requirement, Merchant Account Tips, Merchant Agreement, Merchant Services, Merchant Statistics, Merchant Stronghold, Merchant Underwriting / 3 comments

Business Documents and KYC 3 months recent prior processing statements for all products intended on being processed through the merchant account (If applicable)